All Forum Posts by: Michael Adamo

Thank you for your replies and thoughts

@Randa Dehaan I have spoken to a lender to get things in order, but haven't chosen one that I'm moving forward with yet. I like your strategy of being near the colleges I was thinking of something similar. Everything seems so expensive 1million + around Tempe which is near ASU ..to be honest  im not trying to go that deep. I'm trying to be under $500k I'm not sure if today's market will allow me to obtain that. Pre-pandemic maybe ? But I think prices have risen so high in the Phoenix area that it's kind of scary to jump in. Atleast for me it is. 

@Sean Bozigian I would probably want as much privacy as possible but also looking for space. I'm comfortable living in one of the units but not an adu. 

Hello BiggerPockets community,

I'm exploring opportunities in the greater Phoenix real estate market, specifically in house hacking. Considering an inherited property in Los Angeles that could be rented for $6,000-7,000 monthly, and with monthly trips to Phoenix amid a child custody battle, I'm interested in understanding the current state of the Phoenix house hacking market.

If you have insights, experiences, or trends to share regarding house hacking in Phoenix, I would greatly appreciate your input. Are there specific neighborhoods, market conditions, or opportunities that make house hacking viable in the Phoenix area?

Your expertise will be invaluable as I navigate this decision. Thank you for sharing your insights!

Mike